London Metal Exchange faces FCA ‘enforcement’ investigation after £3.3bn nickel crisis March 3, 2023 The FCA announced plans to begin an "enforcement" investigation into London Metal Exchange response to last year's nickel crisis.
Octopus hits back at challenge to Bulb deal arguing it was more ‘nimble’ than rivals March 2, 2023 Octopus Energy's lawyer argued in court today that the company was simply more "nimble" than others in its dealmaking with the government.
Water firms ordered to strengthen supply plans by Ofwat or have their profits slashed March 2, 2023 Ofwat has demanded water companies toughen up their plans to secure reliable water services in the coming decades.
Offshore energy industry pleads with Hunt for help: Windfall tax ‘rocked investor confidence’ amid US threat March 2, 2023 The UK’s North Sea industry body has urged Jeremy Hunt to create an attractive investment climate to compete with rival energy markets.
Onshore wind reforms will fail to revive collapsed industry, renewable body warns March 1, 2023 Government proposals to revive onshore wind will do nothing to remove the current de-facto ban, argued Renewable UK.
Tata demands £500m from UK to build battery factory March 1, 2023 The government will have to cough up £500m in taxpayer funds if it wants Jaguar Land Rover owner Tata Motors to build a UK battery factory.
Uniper to hire EON UK boss Michael Lewis as new chief executive March 1, 2023 Uniper has announced it intends to name EON UK boss Michael Lewis as its new chief executive and oversee its new strategy.
Pressure rises on government to ramp up insulation of UK homes amid fuel poverty worries March 1, 2023 It will take 300 years for the government to meet its end-of-decade energy efficiency targets for British homes, warned NEA.
Lack of government strategy putting UK decarbonisation goals at risk, NAO warns March 1, 2023 The government lacks a plan for all electricity to be generated through clean energy sources by 2035, warned the National Audit Office.
Shapps warns suppliers they must be ready to pass on cuts in wholesale prices to customers March 1, 2023 Suppliers must be ready to pass on cuts in wholesale prices to customers as quickly as possible, Grant Shapps will insist in a speech today.
